CREATING MONEY MONEY CREATION
Conference Alain Vidal, Faculty saving Nantes
March 9, 2005 PRESIDENTS OF
Assassin TO HAVE TAKEN TO HEAD BANKERS
For daring to challenge the private money creation, three U.S. presidents have died. James Madison, Abraham Lincoln and John Kennedy were assassinated on Roosevelt, he narrowly escaped an assassination attempt.
In the midst of war of secession, the northerners were nearly defeated because their army was poorly supplied, the North's economy is at its lowest. Farmers and industrial debt had major difficulties to produce. The weight of the interest was such that the bosses put unemployed part or all of their employees by shortage of money. Between hire unemployed or pay interest to bankers, there was no choice. The interest that the bankers for a loan required further reduced investments including payroll.
As the Yankees could not afford to borrow at 30% to the Bank of England, Lincoln appealed to then 1'article I of the Constitution to issue currency, without interest. With this money service, with a currency that is no longer a commodity, manufacturers and farmers were able to hire, there was enough money for pay salaries and buy new machines. Increased production and property circulated in number. Within months the northern states again became prosperous. The soldiers are better fed and better equipped won the war against the southerners. When peace returned, Lincoln announced his intention to continue to issue U.S. currency, instead of buying a private money in London as was customary. Berserk, the spokesman of the bankers of the City of London, Sir Goschen said in 1865:
"If this malicious fiscal policy - Lincoln - were to persist for good, then that Government will furnish its own money without cost. It will no debt. It will have all the money necessary to conduct its business. It will become prosperous at a level unprecedented in the history of civilization. This government must be destroyed or it will destroy every monarchy on the globe. "On 14 April, Lincoln was assassinated and the government was effectively destroyed.
Already in 1750, Benjamin Franklin boasted to members of the British government in the economic situation of the "New England", British colony: "Unlike your situation in Britain, there is no one in New England unemployed vagrant or beggar. It was through the issuance of no interest in our 13 colonies" of paper money; what controls the purchasing power (in circulation) and does not create debt. "
The English bankers panicked pass legislation by the British Parliament prohibiting the Colonies the use of that money not paid. A year after the enactment of this Act, the city streets were crowded colonies of unemployed and beggars. IN SEVERAL CITIES ...
UNEMPLOYMENT
DISAPPEARS WITH THE MONEY WITHOUT INTEREST
Closer to home, in Austria, 1932-33, Wörgl, in a town of 4,300 inhabitants where taxes are returning more and where the unemployed were 60% of the workforce, the municipality eradicated unemployment in 11 months by issuing a currency free. A currency without interest. As in the days of Lincoln, through savings by non-payment of interest, employers hired him with a vengeance, the level of everyone's life improved, and public finances straightened.
In short, there was no shortage of money, ensured a central issue money based on the wealth produced. The money was put into service according to the work that anyone could do, and therefore according to goods and services produced. None of the people willing to work can not be found unemployed on the pretext that there was no money to pay salaries. The currency was again what it always should have been a servant to serve the flow of wealth served as a municipal bank.
The currency has ceased to be a commodity, there was more money to shop, more selection, more private banker in granting loans based on the maximum profit he hoped to draw. Thus the city was able to settle all its arrears, seven new roads, twelve new routes were planned, we extended the canal system, they planted trees, replanted the forest ... and there was work for all!
In 1933 Wörgl had a new ski slope and a pool. A new reinforced concrete bridge bore the inscription: "Built with money free."
But the Bank of Austria lodged a complaint for violation of his privilege of minting coins and the municipality was obliged to stop. The secondary currencies disappeared and the central bank of Austria gave a deep sigh of relief. Unemployment, which had disappeared, replied with its attendant misery and distress and a few years later it was the Anschluss ... In 1956, Lignières-en-Berri (France), this same coin frank sat in one year a city ruined by the rural exodus.
But a complaint by the Bank of France, and for the same reasons as in Austria, the experience was prohibited.
[See in this regard, the story of Claude Bourdet in Illustration of 09.09.1933 and No. 488 Life Sciences and May 1958]
In this regard, one may wonder, on the silence deafening of engineering economics, trade unions and progressive parties.
CREATE NOT OPEN WHEN AN ...
BANKER GIVES YOU A LOAN, YOU READY
DOES NOTHING ... HE CREATED
LINES WRITING
centuries bankers maintain confusion between lending and create.
When you borrow € 1,000 from a bank, the banker, in fact, do absolutely nothing ready.
Just as we long believed that the sun moved from east to west, in the same way today still believe that when a loan, a sum of money moves funds from the bank to the account of the borrower.
And no, despite appearances, there is no movement of money because the bank does not have the money himself. It just creates a symbolism that is an IOU to society. By the amount on your account, the banker certifies that you must produce a good or service from a value of 1000 €.
In reality, the bank lends you do absolutely nothing when, allegedly, he lends you any money since it does not have the money in question. This sum does not belong to him, and how could it belong to him because a second before it grants the loan, the corresponding amount is not in his possession, a second after either. This challenges conventional wisdom: that the bank would use the deposits of its customers to make loans. Not total deposits with the banker speculated or invested, but it does not lend. What is certain is that after you have secured a loan, the banker is not so rich, it was deprived of anything. The banker does not come home at night telling his wife and his children:
"Honey, we will not go on vacation, because I paid a lot of money today. We will wait for my clients m'aient refunded to leave. "But while
happened as soon as I leave the bank I can buy merchandise for 1000 €? In fact what
call loan, is neither more nor less than a license to buy, but only if you agree to produce goods or services for 1000 €. Your account credited from 1000 € is exactly like a grateful letter to the company of men that you agree to work to produce the equivalent of 1000 €. As someone devoted time to meet any of your needs, it seems fair to reciprocate.
The credit granted by the banker, the banker who told his client:
"I think I recognize your sincerity, I've got enough guarantees that lead me to believe that you undertake to produce on your side, a good or service of an equivalent amount. I give you credit, I believe you, I'm counting on you, I trust you. "
Credit comes from the Latin credere, to believe ...
When you exit the bank makes you a certificate stating your commitment to work, or if you're smarter than the average, to take advantage of others' work to return the favor to those who sold you this product.
The capacity to give permission to acquire a product or service belonging to another is a act of justice. In fact the banker behaves far as a sage, a referee judge that secures the exchange Whomever you are buying a property is assured of being able to purchase another property because of your work. The only problem is that the private banker is a judge whose function is following an old tradition, just a privilege that is granted the goldsmiths of the Middle Ages, initially keeper the gold of others. Just as a judge is not paid according to the importance of arbitration makes it a banker should not be paid based credit, the confidence he gives to an individual. The judge receives a salary regardless of the size of files it has to be treated, it should also be the case of a banker. By principle of justice is a gratuitous act. Admit
anyway, that gives you confidence that you will pay the overpriced. This confidence that you requested for 1000 € it will cost you € 10% of 1000 after one year. And 100 € for a minimum wage-earners, that is 3 days on, three days for a few miserable seconds taken by the banker to type 1000 € on the keyboard of his computer !
"In essence, the creation of money ex nihilo by the current banking system is identical to the creation of money by counterfeiters. Specifically it produces the same results. The only difference is that those who benefit are different. "
Maurice Allais, Nobel Laureate
ex nihilo creation: creation from nothing.
MONEY, A WONDERFUL INVENTION
Money is a great invention for facilitating trade and free ourselves from the burdens of barter. In this sense, the banker's job is essential to provide users with the necessary money.
But over the centuries bankers took back to their own benefit the system and diverted from its original purpose by making a commodity currency. Just as health and education money should not be a commodity that benefits a minority.
While it is fair to pay the banker's job for his role as provider of currency, so it is perfectly legitimate to make donations to the bankers euphemistically called interest.
With interest, the goal becomes that of a banker from any merchant, benefit from the goods it sells, namely money. By definition, currency, witnessed the exchange, should be sold or bought. The currency, the exchange of witness testimony to the reality of the passage of a product from one hand to another, and by calling a witness must remain neutral
course, constrained and forced us to use this commodity money If nothing else, but this greatly reduces the currency exchanges of goods and services we need.
The objective of private banks is not to issue the money according to population needs, but to make as much profit as possible by bringing the state, companies and individuals into debt. The bank prefers to starve entire populations rather than letting people exchange goods with a currency that is not his own, with money it would have no profit. Bankers have never supported the existence of this kind of money, free money.
In this scheme, the world is condemned to eternal debt because there is no creation ex nihilo money to pay the interest. The interest on the debt are forcing us to produce ever more goods beyond the satisfaction of our needs.
For a banker, what matters is that people use its currency which it leverages through interest.
From top to bottom of the social pyramid, interest is reflected in the lower level, each category, from top to bottom looking to be endorsed by others all or part of the ownership interest.
10% of privileged benefit from this system for the next 10% is neutral and then the weight of debt is just heavier toll on the remaining 80%. As
as we descend from the top of the pyramid down, interests weigh more heavily. Those who suffer most are people living in slums developing countries.
SOUTH TO NORTH
a sword of Damocles ... THE INTERESTS OF THE DEBT
A belief, the debt would only concern the only countries in the South. They forget that we are all caught by the debt of our birth until our death. Indeed, when we purchase a good or service, we are still paying an interest component that is included in the price, and this share is based on investments that were considered necessary for the production. For
services unskilled labor share is around 10% but can reach 80% if the production requires a lot of capital and little labor. Interest Debt-related investments, on average, 40% of the price of goods duty free. A scoop! placement of a few cents at the time of Christ at 4% interest today correspond to several times the weight in gold on the planet.
"When the series of budget deficits of France they led to a public debt which today is 600 billion €, which costs approximately € 36 billion interest per year (in 1999), more than 100 million day, or 4 million per hour or € 69 000 last minute. "
Some figures for 2004: GDP-
, 1650 € billion
-Budget, € 283 billion
-Interest Debt, an amount roughly equivalent to taxes on income over € 50 billion, or 18% of the budget of France!
Again, through interest, a huge sum is transferred from the business world to the financial world, and contributes to the suffocation of the first and second congestion. Banks create money well prepared, but they do not create money interest.
At any level, this type of private money creation leads to social relations based on the legalized theft of other's work. It is the law of the fox in the henhouse, the fox dominates dominating cocks hens dominating chicks. This is also called the law of the jungle, where the weakest are eliminated.
AN ADVANCE FOR NGOS AND PROGRESSIVE ASSOCIATION, ONE CURRENCY WITHOUT INTEREST
All of us are concerned about the debt, the largest to the smallest association. As long as the money is a commodity, associations will be sealed by the interests of the debt, since the bankers with impunity, protected by the shield policy, we are played by varying interest rates. Debt forces many of we have to work activities whose purposes are sometimes contrary to the aims pursued by the associations.
districts favored the North to South slums, through our housing estates, each in its own way is to pay the debt lower than him. At the end of the line, people in the developing world bear the brunt with its attendant misery, malnutrition, famine, disease epidemics, hunger riots of repression, and the refugee flow from South to Northern desperate to escape poverty. Desperate to redeem a lot of work against a little money we exchange for food and shelter.
NGOs and associations filled with good will are taken within insurmountable contradictions, because to live the association must make donations, pay premiums with money-goods resulting from a loan. Ie money that was purchased using or producing goods or services that may be a source of unhappiness for some of the planet (polluting industries, unnecessary packaging, weapons ... etc.).
CURRENCY WITHOUT INTEREST FOR SUSTAINABLE DEVELOPMENT
debt acts as a suction pump that helps to transfer money from the hands of those who have none or little, to those who have the most. Indeed, the former are forced to borrow money because they need to live and lend them the second they have it.
OUR INTEREST-FREE MONEY
AN INTEREST
On behalf of the interest payments on debt, bankers lead us to a frantic productivism, bombs or bread, meat or drugs, whatever, you have to produce whatever the cost human pollution, social deprivation. This explains the healthy tax havens and its procession of dirty money to big profits. Money, great invention, to overcome the barter and trade facilitation, has been transformed into a commodity to be purchased
cons of real work. WAR OR PEACE
,
IS ALWAYS THE INTERESTS OF BANKERS
"The U.S. bankers have lent substantial sums to Hitler who was repaid by plundering Europe. These same bankers have continued to enrich themselves by granting loans for the reconstruction of Europe devastated by war. "
Similarly we find immoral that counterfeiters can get rich by selling the currency made by them, it is equally immoral for private banks take advantage of such a system.
What we do not accept counterfeiters we can not accept anyone. For proof, we prefer to make loans for the launch of technology gadgets, TV shows while we refuse demeaning any advance to small farmers are part of a logic of food security.
THE SILENCE OF THE FACE GOUVEREMENTS SERFDOM MONETARY
money supply created depends very closely the ability to invest and thus simply the unemployment rate.
The idea that governments around the world accept such a thing without flinching may sound incredible, and well is that it is incredible is the best protection for the actions of bankers. In several centuries of almost absolute rule, banks have accumulated an extraordinary power.
The power to create money is accepted today as was once accepted the feudal or royal power, as enshrined in the natural order of things. When we see the weight of interests, 40%, on average, the price of goods duty free, we conclude that we are working for free much of our time for bankers. The use of the verb borrow instead of the verb to create this completely masks bondage monetary !
IS THAT THE SHORTAGE OF MONEY IS A REMARKABLE ...
INSTRUMENT OF POPULATION CONTROL
Society of abundance and scarcity of real purchasing power, why?
Abundance is a danger to the bankers ... and men of power, as a source of free time, freedom of mind found, links of solidarity and thus questioning the privileges of any kind. In a world marked by the ability to produce all the goods necessary to life, we create artificial shortages by adjusting interest rates and thus the purchasing power.
The shortage of money causes anxiety, fear of tomorrow and therefore the submission, acceptance of any job generator power purchase even minimal. In fact, central banks are under the control of private banks that act with total autonomy. While it is fair to repay borrowed money, so it is absolutely unfair to pay interest, that is to say work, generate wealth cons of currency that was created ex nihilo, ie ie out of nothing. Internet banking services should be paid like any accounting department.
interest debt act as a cancer ronge le corps social.
Les intérêts de la dette ont fait du banquier, véritable seigneur de la monnaie, un féodal qui dispose du travail des autres. David Rockefeller, ne disait-il pas : « quelque chose doit remplacer les gouvernements, et l'industrie privée me semble l'entité adéquate pour le faire ».
Quand à Thomas Jefferson (troisième président des Etats-Unis) il déclarait : « Je crois que les institutions bancaires sont plus dangereuses pour nos libertés qu'une armée debout. Celui qui contrôle l'argent de la nation contrôle la nation ».
LES PARLEMENTAIRES DOIVENT PROPOSER
UNE LOI DE SECURITE MONETAIRE
QUI REDONNE A L’ETAT, AND TO ITSELF THE RIGHT TO BEAT
CURRENCY
to us to question them ...
FOR THE WORLD IS MORE GOODS
STILL NEED THE MONEY
CEASE TO BE A GOOD! APPENDIX
"If you allow the bankers to issue the money of a nation, they would not mind laws. "Baron Rothschild
In 1865, in a letter sent by a London banker to his colleagues on Wall Street in New York:
" Gentlemen, a Mr. John Sherman has written us that there has never been so lucky for capitalists to accumulate money by a "decree", according to the plan formulated by the Association British Bankers. It almost gives all powers to the National Bank on the finances of the nation. (...) If the plan became law, it would result in large profits for the fraternity of bankers in the world .(...) Mr. Sherman said that the few people who understand the system or be interested its profits or so dependent of its favors that there will be no opposition from that class, while the great mass of people, mentally incapable of comprehending the tremendous advantages that capital derives from the system, bear its burden without complaint and perhaps without imagining that the system is contrary to its interests. Your devoted servants. Signed: Rothschild brothers "
Closer to home, February 17, 1950, the banker Paul Warburg said before the U.S. Senate:" We have a world government, like it not to. The only question is whether it will be created by by conquest or consent "
And Henry Ford ..." If the people of this nation understood our banking and monetary system, I think there would be a revolution before tomorrow morning. "
Alain VIDAL
vidal.mothes @ wanadoo.fr March 9, 2005
Assassin OF PRESIDENTS TO BE TAKEN TO HEAD BANKERS
For daring to question the establishment Private money, three U.S. presidents have died. James Madison, Abraham Lincoln and John Kennedy were assassinated on Roosevelt, he narrowly escaped an assassination attempt.
In the midst of war of secession, the northerners were nearly defeated because their army was poorly supplied, the North's economy is at its lowest. Farmers and industrial debt had major difficulties to produce. The weight of the interest was such that the bosses put unemployment at some or all of their employees by shortage of money. Between hire unemployed or pay interest to bankers, there was no choice. The interest that the bankers for a loan required further reduced investments including payroll.
As the Yankees could not afford to borrow at 30% to the Bank of England, Lincoln appealed to then 1'article I of the Constitution to issue currency, without interest. With this money service, with a currency that is no longer a commodity, manufacturers and farmers were able to hire, there was enough money to pay salaries and buy new machines. Increased production and property circulated in number. Within months the northern states again became prosperous. The soldiers are better fed and better equipped won the war against the southerners. When peace returned, Lincoln announced his intention to continue to issue U.S. currency, instead of buying a private money in London as was customary. Berserk, the spokesman of the bankers of the City of London, Sir Goschen said in 1865:
"If this malicious fiscal policy - Lincoln - were to persist for good, then that Government will furnish its own money without cost. It will no debt. It will have all the money to conduct his business. It will become prosperous at a level unprecedented in the history of civilization. This government must be destroyed or it will destroy every monarchy on the globe. "On 14 April, Lincoln was assassinated and the government was effectively destroyed.
Already in 1750, Benjamin Franklin boasted to members of the British government in the economic situation of the" New England " , a British colony: "Unlike your situation in Britain, there is no one in New England unemployed vagrant or beggar. It was through the issuance of no interest in our 13 colonies" of paper money, thereby control the purchasing power (in circulation) and does not create debt. "
The English bankers panicked pass a law by the British Parliament prohibiting the Colonies the use of that money not paid. A year after the enactment of this Act, the city streets were crowded colonies of unemployed and beggars. IN SEVERAL CITIES ...
UNEMPLOYMENT
DISAPPEARS WITH THE MONEY WITHOUT INTEREST
Closer to home, in Austria, 1932-33, Wörgl, in a town of 4,300 inhabitants where taxes are returning more and where the unemployed were 60% of the workforce, the municipality eradicate unemployment in 11 months by issuing a currency free. A currency without interest. As in the days of Lincoln, through economies performed by non-payment of interest, employers hired him with a vengeance, the level of everyone's life improved, and public finances straightened.
In short, there was no shortage of money, ensured a central issue money based on the wealth produced. The money was put into service according to the work that anyone could do, and therefore according to goods and services produced. None of the people not wanting to work found himself unemployed on the pretext that there was no money to pay salaries. The currency was again what it always should have être, une servante au service de la circulation des richesses Un service municipal faisait office de banque.
La monnaie ayant cessé d’être une marchandise, il n’y avait plus de marchand d’argent, plus de sélection, plus de banquier privé n’accordant des prêts qu’en fonction du profit maximum qu’il espérait en tirer. C’est ainsi que la ville réussit à solder tous ses arriérés, sept routes neuves, douze nouvelles routes furent projetées, on étendit le système de canalisation, on planta des arbres, on reboisa la forêt…et il y eut du travail pour tous !
En 1933, Wôrgl avait une nouvelle piste de ski et une piscine. A new reinforced concrete bridge bore the inscription: "Built with money free."
But the Bank of Austria lodged a complaint for violation of his privilege of minting coins and the municipality was obliged to stop. The secondary currencies disappeared and the central bank of Austria gave a deep sigh of relief. Unemployment, which had disappeared, replied with its attendant misery and distress and a few years later it was the Anschluss ... In 1956, Lignières-en-Berri (France), this same coin frank sat in one year a city ruined by the rural exodus.
But a complaint by the Banque de France and for the same reasons as in Austria, the experience was prohibited.
[See in this regard, the story of Claude Bourdet in Illustration of 09.09.1933 and No. 488 Life Sciences and May 1958]
In this regard, one may wonder, on the silence deafening of engineering economics, trade unions and progressive parties.
CREATE NOT OPEN WHEN AN ...
BANKER GIVES YOU A LOAN, YOU READY
DOES NOTHING ... HE CREATED
LINES WRITING
centuries bankers maintain confusion between lending and create.
When you borrow € 1,000 from a bank, banker, in fact, do absolutely nothing ready.
Just as we long believed that the sun moved from east to west, in the same way today still believe that when a loan, a sum of money moves funds from the bank to the account of the borrower.
And no, despite appearances, there is no movement of money because the bank does not have the money himself. It merely creates a symbolic recognition is a debt to society. By the amount on your account, the banker certifies that you must produce a good or service from a value of 1000 €.
In reality, the bank lends you do absolutely nothing when, allegedly, he lends you any money since it does not have the money in question. This sum does not belong to him, and how could it belong to him because a second before it grants the loan, the corresponding amount is not in his possession, a second after either. This challenges conventional wisdom: that the bank would use the deposits of its customers to make loans. Not at all, with deposits, the banker speculated or invested, but it does not lend. What is certain is that after you have guaranteed loan, the banker is not so rich, it has deprived of anything. The banker does not come home at night telling his wife and his children:
"Honey, we will not go on vacation, because I paid a lot of money today. We will wait for my clients m'aient refunded to leave. "But while
happened as soon as I leave the bank I can buy merchandise for 1000 €?
In fact the so-called loan, is neither more nor less than a license to buy, but only if you agree to produce goods or services for 1000 €. Your account credited from 1000 € is exactly like a grateful letter to the company of men that you agree to work to produce the equivalent of 1000 €. As someone devoted time to meet any of your needs, it seems fair to reciprocate.
The credit granted by the banker, the banker who told his client:
"I think I recognize your sincerity, I've got enough guarantees that lead me to believe that you undertake to produce your side, a good or service charge equivalent. I give you credit, I believe you, I'm counting on you, I trust you. "
Credit comes from the Latin credere, to believe ...
When you exit the bank makes you a certificate stating your commitment to work, or if you're smarter than the average, to take advantage of others' work to return the favor to those who sold you this product.
The capacity to give permission to acquire a product or service belonging to another is an act of justice. In fact the banker behaves far as a sage, a referee judge that secures the exchange Whomever you buying a property is assured of being able to obtain another well thanks to your work. The only problem is that the private banker is a judge whose function is following an old tradition, just a privilege that is granted the goldsmiths of the Middle Ages, initially keeper the gold of others. Just as a judge is not paid according to the importance of arbitration makes it a banker should not be paid according to the credit of the trust he places on an individual. The judge receives a salary regardless of the size records he has to deal with, it should also be the case of a banker. By principle of justice is a gratuitous act. Admit
anyway, that gives you confidence that you will pay the overpriced. This confidence that you requested for 1000 € it will cost you € 10% of 1000 after one year. And 100 € for a minimum wage-earners, that is 3 days on, three days for a few miserable seconds taken by the banker to type 1000 € on the keyboard of his computer!
"In essence, the creation of money ex nihilo by the current banking system is identical to the creation of currency counterfeiters. Specifically it produces the same results. The only difference is that those who benefit are different. "
Maurice Allais, Nobel Laureate
ex nihilo creation: creation from nothing.
MONEY, A WONDERFUL INVENTION
Money is a great invention for facilitating trade and free ourselves from the burdens of barter. In this sense, the banker's job is essential to provide users with the necessary money.
But over the centuries scoured the bankers for their own benefit the system and diverted from its original purpose by making a commodity currency. Just as health and education money should not be a commodity that benefits a minority.
While it is fair to pay the banker's job for his role as provider of currency, so it is perfectly legitimate to make donations to the bankers euphemistically called interest.
With interest, the goal becomes that of a banker from any merchant, benefit from the goods it sells, namely money. By definition, currency, witnessed the exchange, should be sold or bought. Currency, exchange control, reflects the reality of the passage of a product from one hand to another, and by calling a witness must remain neutral
course, constrained and forced us to use this commodity money if nothing else, but this currency significantly reduces the exchange of goods and services we need.
The objective of private banks is not to issue the money according to population needs, but to make as much profit as possible by bringing the state, businesses and individuals into debt. The bank prefers to starve entire populations rather than letting people exchange assets with a currency that is not hers, with a currency which he would have no profit. Bankers have never supported the existence of this kind of money, free money.
In this scheme, the world is condemned to eternal debt because there is no creation ex nihilo money to pay the interest. The interest on the debt are forcing us to produce ever more goods beyond the satisfaction of our needs.
For a banker, what matters is that people use its currency which it leverages through interest.
From top to bottom of the social pyramid, interest is reflected in the lower level, each category, from top to bottom looking to be endorsed by others all or part of the ownership interest.
10% of privileged benefit from this system for the next 10% is neutral and then the weight of debt is just heavier toll on the remaining 80%. As
as we descend from the top of the pyramid down, interests weigh more heavily. Those who suffer most are the slum dwellers in developing countries.
SOUTH TO NORTH
a sword of Damocles ... THE INTERESTS OF THE DEBT
A belief, the debt concerns only the only countries in the South. They forget that we are all caught by the debt of our birth until our death. Indeed, when we purchase a good or service, we are still paying an interest component that is included in the price, and this share is based on investments that were considered necessary for the production. For
services unskilled labor share is around 10% but can reach 80% if the production requires a lot of capital and little labor. The value of the debt related to investments, on average, 40% of the price of goods duty free. A scoop! placement of a few cents at the time of Christ at 4% interest today correspond to several times the weight in gold on the planet.
"When the series of budget deficits of France they led to a public debt which today is 600 billion €, which costs approximately € 36 billion interest per year (in 1999), more than 100 million day, or 4 million per hour or € 69 000 last minute. "
Some figures for 2004: GDP-
, 1650 billion €
-budget, 283 billion €
-interest debt, a sum substantially equivalent to taxes on income over € 50 billion, or 18% of the budget of France!
Again, through interest, a huge sum is transferred from the business world to the financial world, and contributes to the suffocation of the first and second congestion. Banks create money well prepared, but they do not create money interest.
At any level, this type of private money creation leads to social relations based on the legalized theft of other's work. It is the law of the fox in the henhouse, the fox dominates dominating cocks hens dominating chicks. This is also called the law of the jungle, where the weakest are eliminated.
AN ADVANCE FOR NGOS AND PROGRESSIVE ASSOCIATION, ONE CURRENCY WITHOUT INTEREST
All of us are concerned about the debt, the largest to the smallest association. As long as the money is a commodity, associations will be sealed by the interests of the debt, since the bankers with impunity, protected by the shield policy, we are played by varying interest rates. Debt forces many of us have professional activities whose purposes are sometimes contrary to the aims pursued by the world associations.
districts favored the North to South slums, through our housing estates, each in its own way is to pay the debt lower than him. At the end of the line, people in the developing world bear the brunt with its attendant misery, malnutrition, famine, disease epidemics, hunger riots of repression, and the refugee flow from South to Northern desperate to escape poverty. Desperate to redeem a lot of work against a little money is exchanged for food and shelter.
NGOs and associations filled with good will are taken within insurmountable contradictions, because to live the association must make donations, pay premiums with money-goods resulting from a loan. Ie money that was purchased using or producing goods or services that may be a source of unhappiness for some of the planet (polluting industries, unnecessary packaging, weapons ... etc.).
CURRENCY WITHOUT INTEREST FOR SUSTAINABLE DEVELOPMENT
debt acts as a suction pump that helps to transfer money from the hands of those who have none or little, to those who have the most. Indeed, the former are forced to borrow money because they need to live and lend them the second they have it.
OUR INTEREST-FREE MONEY
AN INTEREST
On behalf of the interest payments on debt, bankers lead us to a frantic productivism, bombs or bread, meat or drugs, whatever, you have to produce whatever the cost human pollution, social deprivation. This explains the healthy tax havens and its procession of dirty money to big profits. Money, great invention, to overcome the barter and trade facilitation, has been transformed into a commodity to be purchased
cons of real work.
WAR OR PEACE IS ALWAYS THE INTEREST
BANKERS
"The American Bankers have lent huge sums to Hitler who was repaid by plundering Europe. These same bankers have continued to enrich themselves by granting loans for the reconstruction of Europe devastated by war. "
Similarly we find immoral that counterfeiters can get rich by selling the currency made by them, it is equally immoral for private banks take advantage of such a system.
What we do not accept counterfeiters we can not accept anyone. To evidence, it is preferred to make loans for the launch of technology gadgets, TV shows demeaning while we refuse any advance of small farmers are part of a logic of food security.
THE SILENCE OF THE FACE GOUVEREMENTS SERFDOM MONETARY
money supply created depends very closely the ability to invest and thus simply the unemployment rate.
The idea that governments around the world accept such a thing without flinching may sound incredible, and well is the fact that it is incredible is the best protection for the actions of bankers. In several centuries of almost absolute rule, banks have accumulated an extraordinary power.
The power to create money is accepted today as was once accepted the feudal or royal power, as enshrined in the natural order of things. When we see the weight of interests, 40%, on average, the price of goods duty free, we conclude that we are working for free much of our time for bankers. The use of the verb borrow instead of the verb to create this completely masks bondage money!
IS THAT THE SHORTAGE OF MONEY IS A REMARKABLE ...
INSTRUMENT OF CONTROL PEOPLE
Corporation abundance of goods and shortage of purchasing power, why?
Abundance is a danger to the bankers ... and men of power, as a source of free time, freedom of mind found, links of solidarity and thus questioning the privileges of any kind. In a world marked by the ability to produce all the goods necessary to life, we create artificial shortages by adjusting interest rates and thus the purchasing power.
The shortage of money causes anxiety, the fear of uncertainty and therefore the submission, acceptance of any what job generator power purchase even minimal. In fact, central banks are under the control of private banks that act with total autonomy. While it is fair to repay borrowed money, so it is absolutely unfair to pay interest, that is to say work, generate wealth cons of currency that was created ex nihilo, ie ie out of nothing. Internet banking services should be paid like any accounting department.
interest debt act as a cancer that corrodes the body politic.
interest debt were the banker, a real lord currency, a feudal lord who has the work of others. David Rockefeller, said he does not "something must replace governments, and private industry seems appropriate entity to do so."
When Thomas Jefferson (third president of the United States) he said: "I believe that banking institutions are more dangerous to our liberties than standing army. Whoever controls the money of the nation controls the nation. " LEGISLATORS MUST
PROPOSE AN ACT OF SECURITY MONEY THAT RESTORES
THE STATE, AND TO ITSELF THE RIGHT TO BEAT
CURRENCY
to us to question them ...
FOR THE WORLD IS MORE GOODS
STILL NEED THE MONEY
CEASE TO BE A GOOD! APPENDIX
"If you allow the bankers to issue the money of a nation, they would not mind laws. "Baron Rothschild
In 1865, in a letter sent by a London banker to his colleagues on Wall Street in New York:
" Gentlemen, a Mr. John Sherman has written us that there has never been so lucky for capitalists to accumulate money by a "decree", according to the plan formulated by the British Bankers Association. It almost gives all powers to the National Bank on the finances of the nation. (...) If the plan became law, it would result in large profits for the fraternity of bankers in the world .(...) Mr. Sherman said that the few people who understand the system or be interested its profits or so dependent of its favors that there will be no opposition from that class, while the great mass of people, mentally incapable of comprehending the tremendous advantages that capital derives from the system, bear its burden without complaint and perhaps without imagining that the system is contrary to its interests. Your devoted servants. Signed: Rothschild brothers "
Closer to home, 17 February 1950, the banker Paul Warburg said before the U.S. Senate: "We have a world government, like it not to. The only question is whether it will be created by conquest or consent "
And Henry Ford ..." If the people of this nation understood our banking and monetary system, I think there would be a revolution before tomorrow morning. "Alain VIDAL
vidal.mothes @ wanadoo.fr
